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*Conifex Timber Inc. 
Listed Company 

CONIFEX TIMBER INC. ("CFF")
BULLETIN TYPE: Graduation
BULLETIN DATE: May 16, 2014
TSX Venture Tier 1 Company

TSX Venture Exchange has been advised that the Company's shares will be listed and commence trading on Toronto Stock Exchange at the opening on Tuesday, May 20, 2014, under the symbol "CFF".

As a result of this Graduation, there will be no further trading under the symbol "CFF" on TSX Venture Exchange after the market close on May 16, 2014, and its shares will be delisted from TSX Venture Exchange at the commencement of trading on Toronto Stock Exchange.
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